Answer:
Accuracy and attention to detail, Problem solving and critical thinking skills, Knowledge of programming language .
Explanation:
Hooe it helps..
Answer:
Examining relationships with related parties will show whether there are unusual transactions that significantly improve the company's reported financial performance
Explanation:
Examining related parties, will help to find out if due processes and set standards were followed and applied in company transactions, as the <em>'significantly improved reported financial performance'</em>, may not reveal the true financial performance of the company.
Answer:
Ending inventory under:
FIFO = $3655
LIFO = $3385
Explanation:
<u>Ending Inventory under FIFO</u>
These 320 units purchased at the end will make up the ending inventory,
135 units at $12 = $1620
(320-135 = 185) 185 units at $11 = <u>$2035</u>
Total cost of ending inventory = $3655
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<u>Ending Inventory under LIFO</u>
The 320 units under LIFO will be the ones purchased at the start.
135 units at $10 = $1350
(320-135 = 185) 185 units at $11 = <u>$2035</u>
Total cost of ending inventory $3385
Answer:
b $746,000
Explanation:
the amount purchased in year = cost of good sold + Inventory at beginning - Inventory at end = $738,000 + $218,000 - $204,200 = $751,800
The cash payments for merchandise during the year = Account Payable (AP) at beginning - AP at end + Amount purchased in year = $96,200 - $102,000 + $751,800 = $746,000
Answer and Explanation:
b. any tax benefits that would be credited to additional paid-in capital